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Can i rectify mistakes from 2008

Others 213 views 1 replies
In 2008 I prepared my tax return using an online portal. Due to my incorrect and incomplete understanding of using the portal + some glitches (I think) in the portal s/w, some mistakes crept into the return. Now when I see the return (due an IT dept demand order), I see the following mistakes in my return: - I reported Salary amount including the sec 10 deductible allowance when actually I should have reported amount excluding the deductible allowance - My home loan interest payment created a loss on House property income. It got updated correctly in the CYLA schedule. BUT, the Salary amount was not adjusted to subtract the loss amount. - I paid a tax amount as under "Regular Assessment" instead of "Self Assessment". SO, Self assessment shows zero on the return. With the 3 mistakes above, the tax amount payable was different than what I computed and the resulting 234B/C interest amounts, etc. are different. Is it possible to correct that mistake now?
Replies (1)

Have you received any communication about the demand very recently?

If yes, it can be rectified; otherwise no chance.


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